VOL. XLII
No 48
29-November-1999
JORDAN
Moodys Assigns Ba3 Rating To Jordanian Bonds
Moodys Investors Service announced on 24 November that ithad assigned a rating of Ba3 to the domestic currency-denominated bonds issuedby Jordan. The move was attributed to macroeconomic improvements in thecountry, notably in the field of fiscal management. According to a statementfrom the ratings agency, Jordan has improved revenue collection machinery andplans to submit new revenue raising measures to...
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